Petrosoft LLC, a global provider of end-to-end retail technology solutions, announces it has received SOC 2 certification. SOC 2 is increasingly becoming the compliance requirement that technology companies must meet today. As companies leverage the cloud to store customer data, SOC 2 compliance is becoming a necessity for a wide variety of organizations, especially for Software-as-a-Service (SaaS) companies. Achieving SOC 2 compliance means that Petrosoft has established processes and practices with required levels of oversight across the organization — specifically, monitoring unusual system activity, authorized and unauthorized system configuration changes, and user access levels.
Internet of Things becomes more and more of a necessity for retailers, as it helps them embed the physical devices with electronics, software, and sensors, enabling a seamless data flow.
Digital Transformation is the trend to follow nowadays. If it’s done smart, it is a sure path to success and customer enablement that allows companies to understand data, compare results, and make accurate predictions.
Petrosoft team has had a blast at the 2018 NACS Show in Las Vegas, Nevada. The NACS Show, a well-known national tradeshow in the convenience industry, was held October 7-10, 2018 and gathered more than 25,000 retailers and distributors from the convenience and fuel retailing industry. With educational sessions, presentations, product launches, and promotional offers, the show proved to be a success!
Pittsburgh, Pennsylvania August 2018 — (For Immediate Release) Petrosoft Inc., a global innovator in retail and downstream petroleum technology, will introduce technological advances and solutions to the central European C-Suite. As the SAP Top Innovation Partner Award recipient, Petrosoft is known for its market-leading applications suite and petroleum industry expertise.
Petrosoft, a global leader in retail and downstream petroleum technology, announces it has won the Top Innovation Partner Award at the 2018 SAP SMB Innovation Summit. The SAP Innovation Award celebrates the achievements of top SAP partners across the globe that are using SAP platform technologies to transform their business, drive innovation for customers and win in the digital economy.
PITTSBURGH, PA., Feb 20, 2018 (GLOBE NEWSWIRE) Petrosoft, a global provider of end-to-end retail solutions, announces it has partnered with Saint Vincent College, an innovative provider of higher learning and an SAP University Alliance member. The partnership helps to accelerate the growth of the company’s Petrosoft Enterprise powered by SAP Business One’s implementation and support team. Students enrolled in the Alex G. McKenna School at Saint Vincent College’s SAP Business One® program obtain real-world business experience by completing an internship with Petrosoft.
PITTSBURGH, PA, February 12, 2018 (GLOBE NEWSWIRE) Petrosoft, a global provider of retail technology solutions, announces the launch of Petrosoft Marketplace, its game-changing B2B retail technology ecommerce site designed to address the gap in how technology is sold to and purchased by retailers. The site meets the global retail, foodservice, and downstream petroleum industries’ demand for an instant way to discover and purchase end-to-end integrated technology solutions. Petrosoft’s online marketplace reflects the company’s philosophy of providing sophisticated solutions for retailers in a simple, transparent, and accessible way.
PITTSBURGH, PA, Jan 24, 2018 (GLOBE NEWSWIRE) Petrosoft announces that it has chosen Intel® as its chip supplier for its next generation of retail Site Integration Network solutions. The chips will power the facility-level terminals which connect on-site retail devices such as IoT sensors, forecourt controllers, POS, ordering kiosks, loyalty, kitchen display units, and ATGs to Petrosoft’s Site Integration Network.
[PITTSBURGH] – [Jan 9, 2017] (GLOBE NEWSWIRE) – Petrosoft will debut its SMB enterprise solution, Petrosoft Enterprise powered by SAP Business One®, at NRF 2018 Retail’s Big Show & EXPO. Petrosoft Enterprise, which integrates the SAP Business One application with the Petrosoft cloud suite, is designed to meet the information needs of an organization and the retail ecosystem. It provides real-time analysis and data distribution between facility-level and head-office operations, helping to increase efficiency and visibility to support profitable growth and position the retailer to take advantage of IoT technology.
Pittsburgh, Pennsylvania, December 7, 2017 – In order to meet the growing demand for its retail operations, ERP, BI, and global cloud apps and technology solutions, Petrosoft, LLC has consolidated its business operations at its new headquarters in Pittsburgh, PA.
Pittsburgh, PA, November 28st, 2017 – Petrosoft, a leading provider of cloud-based retail solutions, and CardConnect, A First Data company, announced a partnership that will secure payment acceptance and streamline business operations through a seamless, integrated offering for merchandise, fuel and food service retailers.
It’s hard to remember that over 20 years ago cell phones were mainly used for emergency purposes and looked like walkie-talkies; think the Nokia 9000 which was one of the first mobile “great communication enablers.” In 1996, Hotmail’s free email service was introduced, growing from zero to 30 million active users in 2.5 years, which of course was used to exchange “important” and countless cat pictures. In 1999, one of the first free SaaS collaboration tools was launched, MSN Messenger, which grew to 300 million global users by 2011 while Hotmail grew to 350 million global users by that same year. As a cloud c-store technology provider who started to develop its first SaaS solutions during the late 1990s, Petrosoft is well aware of the limitations of mobile and SaaS during this period as well as the advancements in technology over the next decade.
[PITTSBURGH] – [Oct. 17, 2017] (GLOBE NEWSWIRE) – Petrosoft today announced the debut of Petrosoft Enterprise, powered by SAP Business One® running on SAP HANA® at the National Association of Convenience Stores (NACS) October 18–20 in Chicago. Petrosoft Enterprise, which integrates the SAP Business One application with the Petrosoft cloud suite, aims to provide a true enterprise resource planning (ERP) and business intelligence (BI) solution to customers in the underserved small and midsize enterprise (SME) segment of the North American convenience store and petroleum industry. Now in market, this powerful solution draws on technical and industry expertise from both companies, and is designed to streamline customers’ entire business with a single system.
CHICAGO, Oct. 18, 2017 (GLOBE NEWSWIRE) – Petrosoft and IBM (NYSE:IBM) have entered into a strategic partnership to develop its fourth-generation site integration network for the retail and downstream petroleum industries. IBM’s Informix Enterprise Edition provides an extremely powerful database to leverage the capabilities of Petrosoft’s site integration network solutions. These solutions are built using industry standards and leverage today’s most advanced enterprise databases, network architectures, data exchanges, and data models.
[Pittsburgh, PA] – [May 9, 2017] – Petrosoft today announced that it has signed an original equipment manufacturer (OEM) agreement with SAP (NYSE: SAP). Through this agreement, Petrosoft will integrate the SAP Business One® application with its cloud suite to offer the Petrosoft Enterprise, powered by SAP Business One solution. The integrated solution is expected to provide a true enterprise resource planning (ERP) and business intelligence (BI) solution to customers in the underserved small and midsize enterprise (SME) segment of the North American convenience store and petroleum industry.
BROOMFIELD, Colo. –(BUSINESS WIRE)– Brother Mobile Solutions, Inc. (BMS) a wholly-owned subsidiary of Brother International Corporation and premier provider of mobile and desktop thermal printing products, has forged a partnership with Petrosoft, a leading provider of cloud-based solutions for the retail industry. Petrosoft identified Brother RuggedJet® 3” mobile printers for use with its in-store on demand label printing applications.
This year, Petrosoft will be attending NACS 2017 located in Chicago Illinois. Petrosoft will present its software and solutions during the show October 17-20.
During the show, convenience store and fuel retailers interested in reducing shrinkage and optimizing their operations should visit booth 3967 or booth 3767 for a demo of Loss Prevention Analytics, point-of-sale solutions, back-office software, and foodservice technology.
Looking for hot topics on foodservice? In this article, we have compiled a list of our favorite Foodservice articles that we believe are worth the read.
The South Central region spans across 5 states including Arkansas, Louisiana, New Mexico, Oklahoma, New Mexico, and Texas. NACS reports a store count of 24,498 stores ranging from single stores to 501+ store chains with approximately 14% non-fuel stores.
The Northeast region spans across 14 states including Connecticut, Delaware, DC, Maine, Maryland, Massachusetts, New Hampshire, New Jersey, New York, Pennsylvania, Rhode Island, Vermont, Virginia, and West Virginia. NACS reports a store count of 32,761 stores ranging from single stores to 501+ store chains with approximately 32% non-fuel stores.
The Southeast region spans across 7 states including Alabama, Florida, Georgia, Mississippi, North Carolina, South Carolina, and Tennessee. NACS reports a store count of 37,645 stores ranging from single stores to 501+ store chains with approximately 14% non-fuel stores.
The Central region spans across 10 states including Montana, Wyoming, Colorado, North Dakota, South Dakota, Nebraska, Kansas, Minnesota, Iowa, and Missouri. NACS reports a store count of 13,363 stores ranging from single stores to 501+ store chains with approximately 8% non-fuel stores.
The West region spans across 9 states including Alaska, Arizona, California, Hawaii, Idaho, Nevada, Oregon, Utah, and Washington. NACS reports a store count of 22,433 stores ranging from single stores to 501+ store chains with approximately 26% non-fuel stores.
The Midwest region spans across 6 states including Wisconsin, Illinois, Indiana, Kentucky, Ohio, and Michigan and NACS reports a store count of 23,495 stores ranging from single stores to 501+ store chains with approximately 15% non-fuel stores.
PITTSBURGH, PA – With the speed of changes in the retail landscape, consumer demand, and technology, Petrosoft recognized the need to deliver real-time operational insights to retailers so they can effectively compete within today’s retail ecosystem. This retail back-office solution delivers these insights by streamlining retail operational workflows, data inputs, and data outputs through a secure cloud-based (SaaS) solution and integration with industry-leading retail systems.
PITTSBURGH, PA–(Marketwired – December 07, 2016) – Petrosoft introduces the next generation of its cloud solutions, Petrosoft Cloud. With the company’s growth in products, services, and integrated solutions, Petrosoft Cloud amplifies and bridges the services delivered within this unified cloud solution. It is the backbone of the company’s cloud-based and cloud-connected services.
PITTSBURGH, PA –(Marketwired – October 19, 2016) – With an industry aggregate of $42 billion in annual losses, Petrosoft recognized the opportunity to empower retailers to gain better control of retail operations with its Loss Prevention Analytics technology. The solution is revolutionizing the way retailers manage their operations by providing a clear view and verifiable proof of errors and theft. Loss Prevention Analytics enhances both POS and loss prevention technology.
New foodservice technology and a special announcement on October 19th.Today’s digitally connected consumer demands unprecedented control over every step of the ordering process. Foodservice retailers are responding to this demand by adopting technology to streamline ordering, preparation, delivery, and operational communication.
PITTSBURGH, PA–(Marketwired – July 12, 2016) – EY announced that CEO Sergey Gorlov of Petrosoft, a leading end-to-end retail technology company, received the EY Entrepreneur Of The Year® 2016 Award in the technology software category in the Western Pennsylvania and West Virginia program. This year marks the 30th anniversary of the EY Entrepreneur Of The Year Award program. The award recognizes outstanding entrepreneurs who demonstrate excellence and extraordinary success in such areas as innovation, financial performance, and personal commitment to their businesses and communities. Sergey Gorlov was selected by an independent panel of judges, and the award was presented at a special gala event at the David L. Lawrence Convention Center in Pittsburgh, PA on June 24, 2016.
PITTSBURGH, PA–(Marketwired – May 18, 2016) – Petrosoft launches its restaurant point-of-sale (POS), ordering and delivery solution at the 2016 National Restaurant Association’s Restaurant, Hotel-Motel Show. As an end-to-end retail technology provider, the company now offers a restaurant POS, ordering, delivery and back-office solution that is tailored to meet the unique environmental and business demands of quick-service, fast casual and pizza restaurant operations. The solution includes a point-of-sale (POS) system with an embedded ordering system, a self-service kiosk ordering system, prep station, and delivery management system. The solution also integrates seamlessly with its cloud-based back-office solution.
PITTSBURGH, PA–(Marketwired – April 19, 2016) – Petrosoft, an end-to-end retail automation company, announces its strategic partnership with Heartland Payment Systems, one of the largest payment processors in the United States. Each company helps to extend their partner’s portfolio of products and services, creating added value for their customers with this one-stop shop for retail technology. With this partnership, Heartland gains access to Petrosoft’s point-of-sale, made-to-order, network and back-office solutions while Petrosoft adds Heartland’s payroll, financing and payment processing solutions to its portfolio of partner solutions.
PITTSBURGH, PA –(Marketwired – February 16, 2016) – Petrosoft, an end-to-end retail automation company announces its strategic partnership with CipherLab USA, an automatic identification and data capture/collection technology company. This partnership expands CipherLab’s distribution channel and market presence by leveraging Petrosoft’s end-to-end retail solutions as well as its sales, support, training and marketing expertise. The addition ofCipherLab to Petrosoft’s product catalog enables the company to enhance its product offering with a trusted inventory scanning solution that integrates with its cloud-based back-office solution, C-Store Office.
Restaurants and convenience stores find success by staying competitive and controlling margins. Pressure on margins can come from many sources such as wage increases, employee turnover, gas price fluctuations, declining tobacco sales, and card fees. The blurring of retail formats is also changing the competitive landscape, creating new competition and opportunities.
Strong sales and profits are the result of having the right product mix and level of inventory. Achieving this ideal mix requires having current and accurate inventory information. Manual processes not only take time, causing delays in producing current and accurate inventory information, but also increase the likelihood of errors. These delays and errors are likely to cause lost revenue due to inventory overstocks, understocks and out-of-stocks. Automating inventory processes not only speeds the time to produce accurate inventory information but, if forecasting is automated, it can also help to predict the inventory needed before orders are placed. Inventory forecasting can also be used to manage a chain’s existing inventory, discovering and moving overstocked inventory to under or out-of-stock locations. This decreases the risk of spoilage, returns and promotions.
Keeping track of inventory can help retailers not only meet customer demand by keeping shelves stocked with high-selling items, it can also help them keep a faithful watch on high theft items. Inventory errors and shrinkage can result in lost sales and profits. In addition to optimizing inventory placement and movement, it is crucial to utilize cycle counts (physical inventory counts) to avoid shrinkage and inventory errors. Creating cycle count tickets through Petrosoft’s cloud-based back-office system, C-Store Office simplifies the process of spotting store errors and can help eliminate future errors from occurring.
To produce the greatest return, the inventory carried by a c-store should meet its customers’ tastes, needs and expectations.
As Hershey’s data illustrates, to carry the right product mix, c-store managers should consider regional, local and hyperlocal trends and demographics.
Inventory is a core asset that can make or break a convenience (c)-store operation. Managing c-store inventory, which may include thousands of UPCs, requires tracking key data and metrics as well as having the right operational procedures, infrastructure and technology to optimize the inventory. Poor performing inventory can be due to losing inventory through shrinkage, discarding inventory due to spoilage and being overstocked or out-of-stock on inventory items. This can lead to lower sales, profits and margins. A first step in gaining control over a c-store’s bottom line is getting an accurate view of an operations item-level inventory.
Collecting and transferring ATG and POS data through a public (open) internet connection makes fuel marketers and c-store owners vulnerable to data breaches and attacks, enabling hackers to control and turn off gas station pumps. With DirectConnect and C-Store Office, fuel marketers and c-store owners can transfer encrypted data within their own private and secure environment, all at an affordable price.
PITTSBURGH, PA–(Marketwired – December 02, 2014) – Petrosoft launches DC-301, the next generation of DirectConnect. The DC-301 is the reliable, fast and secure way for retailers to connect their POS systems to their back office systems without the need for a computer. Computers are multi-use as well as multi-purpose machines and, in a retail environment, are likely to be used by many employees during the day which can increase the vulnerability and threats to your data and systems. The DC-301 has no active users and its single purpose is to provide a secure connection so your encrypted data can be transferred between your font-end and back-end retail systems. This can reduce overall data transfer time by as much as 37%, transferring all the data from a shift report in under 40 seconds.
PITTSBURGH, PA–(Marketwired – November 04, 2014) – Petrosoft introduces SmartPOS retail video journaling, a novel solution that enables retail operators to quickly review the video footage of important point of sale transactions, saving them time and reducing overall operational risk. The SmartPOS video journaling feature adds a layer of intelligence to video surveillance footage, providing a smart way to navigate hours of video footage. This layer of intelligence is created by connecting SmartPOS data, the electronic journal, to the video footage from up to four cameras. This feature assists the retailer in navigating through the hours of video footage from those four cameras which would usually be a cumbersome and, at times, an impossible task. The retailer can use this feature to navigate to specific transactions by employee, category or bookmark. With video journaling, using video footage to review restricted item purchases becomes a manageable task that can be accomplished within minutes versus hours.
Petrosoft’s sales team has been busy promoting C-Store Office, Fuel Central, Smart POS, and Qwickserve as they concluded the spring trade show season. The lineup included The Southwest Fuel and Convenience Expo, The NYACS Trade Show and Convention, and The Gulf Marketers Association 2014 Brand Meeting and Trade Show.
Charlie Batch wants to know about Petrosoft’s amazing growth and our ambitious hiring plans for the coming year! Petrosoft’s VP of Sales, Tegar Harrington, answers questions on techVIBE this Saturday Jan 26th on 104.7 FM, starting at noon. Jonathan Kersting of Pittsburgh Technology Council is co-hosting this upbeat News Talk.
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